SPS Residency LB Nagar, Hyderabad

Godavari Drinking Water Supply Scheme Phase 2 & 3 Works Accelerated

The Hyderabad Metropolitan Water Supply and Sewerage Board has directed construction agencies to expedite works on the Godavari Drinking Water Supply Scheme phases 2 and 3, with a target completion date of October 2027. This acceleration involves deploying additional working groups and increasing manpower and machinery.

Hyderabad Poised to Become India's Primary Semiconductor Design Hub

A new 10-year roadmap by Niti Aayog identifies Hyderabad as a critical node for India's semiconductor industryexpansion , driving further Hyderabad Realty demand. The city's existing concentration of top semiconductor firms and a growing pool of skilled professionals are key strengths.

During Q2'2026, average property prices for SPS Residency moved from ₹ 4,600/sqft to ₹ 4,650/sqft, reflecting a 1.09% rise.

Double-Decker Road Construction Between Hayathnagar and LB Nagar to Improve Traffic Flow

A double-decker road is under construction between Hayathnagar and LB Nagar, with the lower deck for local traffic and upper decks for vehicles entering and exiting the city. This project, expected to be completed within two months after tendering, aims to significantly ease traffic congestion and improve connectivity for commuters traveling to and from these areas.

Telangana Government Approves Hyderabad Metro Phase I Takeover for Expansion

The Telangana Cabinet has approved the complete takeover of Hyderabad Metro Rail Limited's Phase I network from L&T Metro Rail Hyderabad Limited for Rs 15,000 crore. This strategic move, expected to be completed by March 31, 2026, is crucial for securing approvals and funding for Phase II and III expansion projects as a joint venture with the Union government.